India ranks fourth in Foreign Direct Investment (FDI), following the United States, China, and Britain. The government offers incentives to Non-Resident Indians (NRIs) to encourage foreign investment.

India boasts one of the world's largest economies based on Purchasing Power Parity (PPP). With its abundant manpower, diverse natural resources, and strong macroeconomic fundamentals, it stands out as an attractive investment hub.

NRIs can participate in India's capital markets through the Portfolio Investment Scheme (PIS), enabling them to acquire shares/debentures of Indian companies.

Factors such as favorable amendments to laws and policies, tax benefits, and ease of starting a company, coupled with a burgeoning middle class and cost competitiveness, attract NRIs to invest in India.

We offer a range of services tailored to facilitate tax-efficient and hassle-free investments in India for our NRI clients. Our services include consultancy, execution, and management, with a focus on meeting administrative and legal requirements.

Our Approach:

• Assessing financial needs and goals.
• Developing a strategy to achieve objectives with acceptable risk levels.
• Designing a portfolio aligned with investment objectives.
• Monitoring and executing investments across all areas for tax efficiency and superior returns.
• Value-Added Services:
• Coordination with your Chartered Accountant for tax filings and related issues.
• Logistics management of documents.
• Periodic portfolio reports.

Benefits for NRI Investors:

• Favorable changes in India's taxation policy.
• Provisions tailored to benefit NRIs.
• Provision of loans against deposit schemes for home construction in India.
• Technological advancements facilitating transactions through demat accounts and internet banking.

Non-Resident Indians (NRIs) have several options to invest in the Indian market. Here are some popular avenues:

• Direct Equity Investment: NRIs can invest in the Indian stock market through the portfolio investment scheme (PIS) route offered by designated banks. They can purchase shares of Indian companies on a repatriable or non-repatriable basis.
• Mutual Funds: NRIs can invest in Indian mutual funds, both equity, and debt, either directly or through the Portfolio Investment Scheme (PIS) route. Many asset management companies offer NRI-specific mutual fund schemes.
• Real Estate: NRIs can invest in Indian real estate, including residential and commercial properties. The Reserve Bank of India (RBI) permits NRIs to invest in real estate on a repatriable or non-repatriable basis.
• Government Securities and Bonds: NRIs can invest in Indian government securities and bonds through the debt investment route, which is subject to certain conditions and regulations set by the RBI.
• Bank Deposits: NRIs can invest in Indian bank deposits, such as fixed deposits (FDs) and recurring deposits (RDs), with banks authorized by the RBI to accept NRI deposits. These deposits can be held in Indian rupees or in foreign currency.
• Initial Public Offerings (IPOs): NRIs can participate in IPOs of Indian companies, subject to certain conditions and regulatory approvals.
• Exchange-Traded Funds (ETFs): NRIs can invest in Indian ETFs that track various indices such as Nifty, Sensex, etc., providing exposure to the Indian stock market.
• National Pension System (NPS): NRIs can invest in the National Pension System, a voluntary, long-term retirement savings scheme administered by the Government of India, subject to certain conditions.

Here's a set of FAQs tailored for NRIs (Non-Resident Indians) interested in investing in the Indian market:

Who is considered an NRI?

An NRI, or Non-Resident Indian, is an Indian citizen who stays abroad for employment, carrying on business, or vacation for an indefinite period. Also, individuals of Indian origin who are citizens of other countries (OCI - Overseas Citizen of India) are considered NRIs.

What are the investment options available for NRIs in India?

• NRIs can invest in various avenues in India, including:

• Equity: Through the stock market, either directly or via mutual funds.
• Real Estate: Properties, land, or real estate investment trusts (REITs).
• Fixed Income: Government and corporate bonds, fixed deposits, etc.
• Mutual Funds: Equity, debt, or hybrid mutual funds.
• Exchange-Traded Funds (ETFs): Tracking various indices or sectors.

What are the regulations regarding NRI investments in India?

NRIs need to comply with regulations set by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). These regulations govern the types of investments allowed, repatriation rules, taxation, and more.

Do NRIs need any special permissions to invest in India?

NRIs typically don't require any special permissions to invest in India, but they need to open specific bank accounts, such as NRE (Non-Resident External) or NRO (Non-Resident Ordinary) accounts, to facilitate investments and manage their finances.

What are NRE and NRO accounts, and how are they different?

• NRE Account: Non-Resident External Account, which is used to park income earned outside India. Funds in this account are freely repatriable.
• NRO Account: Non-Resident Ordinary Account, used to manage income earned in India (like rent, dividends, etc.) and local expenses. Repatriation of funds from this account is subject to certain conditions.

Are NRIs subject to tax on their investments in India?

NRIs are subject to tax in India on income earned or received in India, such as interest income, rental income, capital gains from the sale of assets in India, etc. However, certain investments may offer tax benefits or exemptions under double taxation avoidance agreements (DTAA) between India and other countries.

How can NRIs invest in the Indian stock market?

NRIs can invest in Indian stocks either directly through the Portfolio Investment Scheme (PIS) route offered by designated banks or indirectly through mutual funds or exchange-traded funds (ETFs) managed by Indian financial institutions.

What are the repatriation rules for NRI investments?

Repatriation rules vary depending on the type of investment and the source of funds. Generally, investments made using funds from NRE accounts are freely repatriable, while those from NRO accounts have certain restrictions.

Can NRIs invest in Initial Public Offerings (IPOs) in India?

Yes, NRIs can invest in IPOs in India through the PIS route offered by designated banks. They need to have an NRE/NRO account and a trading account with a registered broker.

Are NRIs allowed to hold joint accounts with Indian residents?

NRIs can hold joint accounts with Indian residents, subject to certain conditions and limitations as per RBI regulations. The resident Indian must comply with the Foreign Exchange Management Act (FEMA) guidelines regarding joint holding of accounts with NRIs.

Before investing, NRIs should be aware of the regulations and guidelines set by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). It's also advisable to consult with a financial planner who specializes in NRI investments to understand the tax implications, repatriation rules, and other considerations.